On August 31, Borr Drilling released its second quarter results for its fleet of 23 jackups (here). Borr operates a fleet of 23 modern jackups with an average age of four ..
Tag: Seadrill
New charter contracts have been awarded for drilling vessels for work in Northern Europe and Africa, while customers in the offshore wind and oil and gas markets elsewher ..
Last week we looked here at how China State Shipbuilding Corporation has decided to restart work on a pair of unfinished deepwater drilling rigs in Shanghai Shipyard at t ..
Pop star Britney Spears was so right when she warned of the dangers of repetition (here). Recent weeks in the offshore industry have seen several major players are doing ..
In Saudi Arabia, Qatar and the UAE, public investment by petro-states is increasingly focused on squeezing out private sector businesses in oilfield services, especially ..
Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..
Summer is usually a quiet time for deals, when investment bankers retreat to their villas in the south of France, Norwegian shipowners retire to their family chalets for ..
Charles Dickens offered only A Tale of Two Cities. This week, I offer a tale of no less than six restructurings, as the crisis in the offshore sector comes to a head. One ..
Another Christmas Eve, another frantic effort from a struggling Norwegian offshore contractor to cobble together a deal with its creditors before the end of the year. A y ..
About Us
Baird Maritime, launched in 1978, is one of the world's premier maritime publishing houses.
The company produces the leading maritime new portal BairdMaritime.com, home of the world famous Work Boat World, Fishing Boat World, Ship World, Ausmarine, and Commercial Mariner sub-sites, and the industry-leading ship brokerage platforms WorkBoatWorld.com and ShipWorld.com.
Contact us: [email protected]